19242 Fisher Island Dr 19242, Miami Beach, FL 33109 — MLS photo

Active · Condominium

$5,200,000

19242 Fisher Island Dr 19242, Miami Beach, FL 33109

Beds: 3
Baths: 3
Living area: 1,875 sq ft
$ / sq ft: $2,773/sq ft
Year built: 1989
Lot size: —
HOA fee: $16,124 Quarterly
Annual tax: $32,198

About this property

EXPERIENCE FISHER ISLAND LIVING AT ITS FINEST IN THIS SPECTACULAR OCEAN DIRECT SEASIDE VILLAGE 4TH FLOOR UNIT. THIS MAGNIFICENT PROPERTY HAS BEEN COMPLETELY RENOVATED. IT SHOWCASES 3 BEDROOMS, 3 BATHS, OPEN KITCHEN WITH TOP-OF-THE-LINE APPLIANCES, EXPANSIVE TERRACES PERFECT FOR ENTERTAINING, AND MANY MORE FEATURES. LIVE THE FISHER ISLAND LIFESTYLE IN AN EXCEPTIONAL UNIT. THE UNIT IS OFFERED FURNISHED.

Property location

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19242 Fisher Island Dr 19242, Miami Beach, FL 33109

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Facts & features

Interior

Bedrooms: 3
Bathrooms: 3
Living area: 1,875 sq ft
Flooring: Tile
Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling: Central Air, Electric
Heating: Central, Electric
Interior features: Built In Features, Bedroom On Main Level, Bathtub, Closet Cabinetry, Dual Sinks, Eat In Kitchen, Living Dining Room, Main Living Area Entry Level, Separate Shower, Walk In Closets, Bar
Furnished: Furnished

Exterior & Structure

Property type: Condominium
Year built: 1989
Stories: 5
Architectural style: Spanish Mediterranean
Construction: CBSConcrete Block Structure, Block
Exterior features: Security High Impact Doors
Pool: Association
Waterfront: Ocean Access
View: Ocean, Water

Parking

Garage spaces: 1
Covered spaces: 1
Parking features: Assigned, Underground, Golf Cart Garage, One Space

HOA, Community & Financials

Association fee: $16,124 Quarterly
Fee inclusions: Association Management, Common Areas, Cable Tv, Internet, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Sewer, Water
Amenities: Beach Rights, Basketball Court, Pier, Playground, Pool, Shuffleboard Court, Spa Hot Tub, Storage, Tennis Courts, Trails, Transportation Service
Security: Security Guard
Pets allowed: Conditional, Yes
Annual tax: $32,198
Subdivision: SEASIDE CONDO
County: Miami-Dade
Days on market: 150
MLS listing ID: A12011210
Listing status: Active

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Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Down payment (%)

Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

Property taxes ($/yr)

Home insurance ($/yr)

Vacancy (%)

Estimated monthly cash flow

-$19,835

Cap rate: 1.1%
Net yield: 1.1%
Cash-on-cash return: -16.3%
Gross yield: 4.1%
Mortgage payment: $24,651/mo
Down payment: $1,300,000
Loan amount: $3,900,000
Annual NOI: $57,792

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.